What is Waves? Beginner Guide

in #cryptocurrency7 years ago

What is Waves? 

Waves is a crypto currency . Waves is an open-source blockchain platform. Wave is totally decentralised exchange for cryptocurrency exchange. It has many advanced features like ability to launch own crypto currency and Smart contracts. Whether you want to crowdfund a project, build out a loyalty rewards program, or create an in-app currency, the Waves platform may be worth looking into. 

Team behind Waves 

The team behind launching Waves includes Martin Spodymek, Alexy Kiselev, Sasha Ivanov, Sergey Ishchenko. Waves was at the start issued by Initial Coin Offering in April .  

Waves Coinmarketcap  

Waves circulating supply is 100,000,000 WAVES. It is ranked 37 in the coinmarketcap. The official website of waves is WavesPlatform. 

Waves Wallet 

WavesLiteAPP is the official wallet for waves. It is available on Chrome Store and on WavesPlatform. Waveswallet.io is the offical website of their wallet. You can also create wallet on this site. 

Dex Exchange 

Waves have a decentralised exchange known as DEX. In this exchange you can trade your own new created coin in a trading pair with any other Waves token. Waves platform primary focus is to create and transfer customer tokens.  

Leased Proof-of-Stake (LPoS) 

There are total 100,000,000 Waves in circulation. The Waves uses Proof-of-Stake algorithm to maintain network integrity. 

In a Leased Proof-of-Stake system, you can support your tokens by leasing them to the full nodes that are running the network. 10,000 WAVES are needed to run a full staking node. If you don’t have that many, no problem, you can still participate in staking by leasing your WAVES to a public mining pool like http://wavesworld.io .  

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I was literally talking about waves today, lol Me and a friend started talking about this because I have waves in my hair lol